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The ending retained earnings balance of Juan's Mexican Restaurant chain increased by $4.4 million from the beginning of the year. The company declared a dividend
The ending retained earnings balance of Juan's Mexican Restaurant chain increased by $4.4 million from the beginning of the year. The company declared a dividend of $2.5 million during the year. What was the net income earned during the year?
$1.9 million
$4.4 million
$6.9 million
$2.5 million
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